First Rate


A Home Loan With No-Fuss

The First Rate home loan is our standard variable interest rate loan that gives you flexible repayment options, no monthly account keeping fees and more. This loan type is available for Owner Occupied or Investment home loans.

  • NO monthly account keeping fees
  • UNLIMITED redraw facility available
  • FLEXIBLE repayment options at no extra cost
  • NO early repayment penalties
  • 85% LVR now available to First Home Buyers

Also, check out our First Rate Special home loan.

4.25% pa1 Owner Occupied
Variable Rate

4.31% pa2  
Comparison rate

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All displayed interest rates for Owner Occupied loans only. Investment rates available by clicking here

First Rate Home Loan - Owner Occupied
Interest Rates
Variable Interest Rate4.25% pa
Comparison Rate4.31% pa
Establishment Fee$953 
Legal FeesAt cost
Valuation FeesAt cost
Maximum Amount90% of the property value
Redraw FacilityYes 
Offset AccountNo 
Additional Repayments AcceptedYes 
Additional Repayments Fee$0 
Loan periodUp to 30 Years
RepaymentsMonthly, fortnightly, weekly
Interest chargesCalculated daily, charged monthly
Top up facility availableMin $10,000
Monthly account keeping/service feesNo
FREE monthly transactions13
Annual fee on Visa Credit CardYes
Access to Premium Rate for personal loansNo 
Switching fee to Fixed RateYes
Bonus rate on Term DepositsNo
Variable and lump sum repaymentsYes
Early Repayment Fee

Credit eligibility criteria, terms and conditions, fees and charges apply.

1. These rates are for secured loans only. Available for new home loan, refinances from competitors, top-ups and internal product switches. Minimum amount on new home loan is $30,000.
2. The comparison rate is calculated based on secured loan amount of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.